Org.nr 948 735 377 2009 → 2010 Year-over-year analysis

A T MASKIN AS: årsregnskap 2010 vs 2009

Shrank 20% on revenue

approved 2011-06-29; registry 2011-08-10; journal 2011 569570

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A T MASKIN AS. Revenue 37.5k NOK → 30.0k NOK (-20.0%). Equity -210.4k NOK → -211.8k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A T MASKIN AS.

At a glance

Revenue

37.5k NOK 30.0k NOK

-20.0%

Operating result

+8 856 NOK -2 532 NOK

-128.6%

Net result

n/m +3 NOK

—

Equity

-210.4k NOK -211.8k NOK

-0.7%

Cash

38.8k NOK 36.0k NOK

-7.1%

Total assets

122.8k NOK 115.0k NOK

-6.3%

↓
Revenue fell

Operating income / revenue moved from 37.5k NOK to 30.0k NOK (-20.0% YoY). Calculated
↓
Operating result weakened

Operating result +8 856 NOK → -2 532 NOK (op. margin 23.6% → -8.4%). Calculated
↓
Equity eroded

Book equity -210.4k NOK → -211.8k NOK (equity ratio -171.4% → -184.1%). Calculated
↓
Cash fell

Bank deposits 38.8k NOK → 36.0k NOK (-7.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -184.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation